Sacramento Bankruptcy Attorneys Know California Bankruptcy Law
If you're in debt and considering filing for bankruptcy, you can talk to a Sacramento bankruptcy attorney about your situation.
In providing you with relevant bankruptcy information, a Sacramento bankruptcy attorney may be able to help you decide whether filing bankruptcy could help you.
Simply call our toll-free number 877-349-1309 or fill out the below form and we'll work to connect you with one of our sponsoring Sacramento bankruptcy attorneys.
Talk to a Sacramento Bankruptcy Attorney About Your Legal Options
Bankruptcy law now requires a debtor to meet with a credit counselor prior to filing for bankruptcy protection.
Although credit card companies would probably like you to believe that the “means test” and the credit counseling requirement create substantial obstacles to those who want to file bankruptcy, the truth is that most people who are considering bankruptcy have reached that decision because they have no other realistic options—and the means test and experienced credit counselors confirm that in the vast majority of cases.
If your income is above your state's median income and you can afford to pay 25 percent of your unsecured debt, you generally won’t be allowed to file Chapter 7 bankruptcy.
However, very few debtors considering bankruptcy are in that position.
Click Here For Free 2 Minute Evaluation
Even for those who are, the means test doesn’t prevent you from filing bankruptcy—it only requires that you file under Chapter 13 instead of Chapter 7.
Although Chapter 13 bankruptcy requires you to make payments for a period of years, the payments are based on factors such as your income and ability to pay, and the balance of many of your debts can be discharged at the end of the payment period.
Call 877-349-1309 and talk to a sponsoring Sacramento bankruptcy attorney about which type of bankruptcy may benefit you.